US Payment Handbook



US Payment Handbook
Third Edition
By Ben Love


US Payment Handbook (Third Edition) is Copyright © 2016 Ben Love

All rights reserved. The information contained in this book and document in no way represents information of material value or with any confidentiality or the views or opinions of any company that the author or copyright holder is connected with in any professional capacity.

Except as contained in this notice, the name of the above copyright holder shall not be used in advertising or otherwise to promote the sale, use or other dealings in this book without prior written permission.

The information in this book has been authored and compiled by the above copyright holder. The information is provided “as is”, without warranty of any kind, expressed or implied, including but not limited to the warranties of merchantability, fitness for a particular purpose and non-infringement.

In no event shall the author or copyright holder be liable for any direct, indirect, incidental, special, exemplary or consequential damages (including, but not limited to, procurement of substitute goods or services, loss of use, data or profits or business interruption) however caused and on any theory of liability, whether in contract, strict liability, or tort (including negligence or otherwise) arising in any way out of the use of this information or book, even if advised of the possibility of such damage.

ISBN 978-0-9851183-1-0



Five BIG Things
The Merchant and Customer
Issuing Bank
Affinity Partners
Acquiring Bank
Merchant Services
Transaction Lifecycle
Making a Purchase
Additional Transaction Types
Transaction Fee Distribution